If you ran your budget like the government runs theirs…


How would it turn out?

Barnaby is Right aka The Blissful Ignoramus has taken a look for us, and was kind enough to let me share this simple yet to-the-point table.

Apples and oranges? You can’t compare because of blah blah blah?

Weeelll, Europe has done exactly the same yet on a much grander scale and just look how that’s turned out. The Euro economy is in a blender keeping company with a black hole.

So who’s right? Any person with half a brain or some economic gee-whizzes who as BIR puts it, are `the same “experts” who didn’t see the GFC coming.’

You know, it wasn’t so long ago – a few months? – we were talking about a $220 bil government debt and now it’s at $260.

Two bil a week, folks.

YIKES! 😯

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    • The Wizard of WOZ
    • February 4th, 2012

    Thats outright scary when you distill it down to something as common as a household budget.

  1. February 6th, 2012

Surely you're thinking something...

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